All Type of News
KPDA officially requests credit card transactions to all the pharmas
The pharmaceutical distribution industry officially requested pharmaceutical companies for credit card transactions when paying for medicines.
The Korea Pharmaceutical Distribution Association(KPDA) recently sent off...
Samsung Biologics with KRW 464.6 billion sales
Samsung Biologics achieved KRW 464.6 billion sales last year based on the March audit report, growing 57.7% up compared to the same period of time year before.
They turned operating profits from deficits to KRW 60 bi...
Listed pharmas to take 67 days to turnover all the manufactured products on average
It reportedly takes 67 days on average to exhaust all the items in their storage and the number of days was increased by 2 days compared to 2016.
Yakup Shinmoon(www.yakup.com) analyzed the 2017 audit report that list...
Medical representatives & distributors having difficulties due to fierce competition among CSOs
Dishonored as ‘front desk for illegal rebates,’ CSOs(contract sales organizations) paying a role as illegal rebate deliverers have created difficulties on distributors as keeping doing what they used to.
Distributors...
How listed pharmas’ holding companies did with their 2017 report cards?
Although holding companies of listed pharmaceutical companies have reportedly achieved satisfactory performances in sales and operating profits last year, but had net profits that are similar to the year before.
Yaku...
Multinational pharma products going out-of-stock due to supply delays from overseas manufacturing facilities
Supply of multinational pharmaceutical company products continue to experience out-of-stock due to supply delays from their overseas manufacturing facilities.
Products that went out-of-stock by the supply delay are P...
Celltrion Group Chairman Jung-Jin Seo leading local marketing activities in Europe
Celltrion Group Chairman Jung-Jin Seo is commanding the company’s marketing activities in person as visiting each European country for about 2 months – he left Korea this March – to enlarge market shares of antibody b...
MOHW, “We’ll focus attention in legislating the medical device industry nurturing act”
Health and Welfare Minister Neung-Hoo Park will find out the newest trends of the medical device industry and its improvement directions by participating the opening ceremony of the 34th Korea International Medical & ...
KRW 70 billion release acetaminophen drug market in danger
The market of release acetaminophen drugs worth of about KRW 70 billion is in danger.
The Ministry of Health and Welfare(MFDS) distributed safety letters to medical experts and consumer organizations on the 13th and ...
Listed pharmas serious with weakened profitability with 7.7% average operating profit rate
Listed pharmaceutical companies are experiencing weakened profitability and severe polarization.
While there are 11 pharmaceutical companies with an average operating profit rate higher than 15% for the past 3 years,...
